Investment Office Concludes Initial Round of “Türkiye Century Investment Receptions” in Europe with Vienna

​The Investment Office successfully concluded the initial round of its “Türkiye Century Investment Receptions" series in Europe with Vienna as part of its commemorative roadshow to honor the 100th anniversary of the Republic of Türkiye. The reception, hosted in the Turkish Embassy in Vienna, provided the international business community with an up-to-date overview of Türkiye's growing investment environment and lucrative opportunities, with opening remarks delivered by Ambassador of the Republic of Türkiye in Vienna Ozan Ceyhun and Investment Office President A. Burak Dağlıoğlu.

Touching on the bilateral ties between Türkiye and Austria in his speech, Ambassador Ozan Ceyhun said, “Türkiye's economic and commercial relations with Austria have always been positive in response to global dynamics. The complementary economic structures of the two countries offer significant prospects for investors. We aim to broaden our ties with Austria in terms of investments that have untapped potential, at a time when there is an extremely favorable outlook in all spheres of our relations with Austria. Türkiye ranks top in the global investment league, backed by the Türkiye Century vision set forth by President Recep Tayyip Erdoğan. We believe we will take great leaps forward with our Austrian partners based on mutual benefit. I hope this reception, cohosted by our Embassy and the Investment Office, will contribute to increasing Austria's investment and business appetite for Türkiye."

Commenting on the reception, Investment Office President A. Burak Dağlıoğlu said the ever-growing economic relations between Austria and Türkiye play a pivotal role in the two countries' investment environment, adding, “Today, we are holding yet another “Türkiye Century Investment Reception" hosted by our Embassy in Vienna, on the occasion of the centennial of the Republic of Türkiye. While Türkiye has enjoyed remarkable success in various domains over the past two decades, it has also evolved into a regional hub for multinational corporations. Since 2003, Austrian FDI inflows in Türkiye totaled USD 11 billion. We aim to expand our fields of cooperation with Austria, where bilateral trade volume hovers at around USD 4 billion, and to raise the number of Austrian investors in Türkiye, which currently stands at 1,000. We will continue to work with diligence and renewed vitality to attract more investments that have high added-value and contribute to our sustainability and export targets as we step into the Türkiye Century under the auspices of President Recep Tayyip Erdoğan."

In his remarks, AVL Executive Vice President Gustav Tuschen highlighted AVL's ongoing investments and future projects in Türkiye stating, “In 2008, AVL became the first international engineering company in automotive to launch a subsidiary in Türkiye, namely AVL Research & Engineering and has constantly invested in it ever since. This was done so based on AVL's global long-term strategy and roadmap. Over the years, AVL Türkiye has achieved sustainable growth and, today, it employs approximately 400 engineers who work on projects that are set to define and shape the future of the global automotive industry. AVL maintains its commitment to its growth plans in Türkiye for the coming years. In this context, the valuable and effective support being provided by the Investment Office since the early days of AVL Research & Engineering is very important and highly appreciated."

Emphasizing on Austria Post's expanding investment projects in Türkiye, Austria Post Chairman and CEO Dr. George Pölzl said, “As Austrian Post, we are completely satisfied with our investment in Türkiye. We are grateful to the Republic of Türkiye, and specifically the Investment Office, for its continuous support and advice regarding our engagement in the country which was key to finalizing our investment plans there. Based on the successful collaboration and next to operating the largest parcel delivery network in Türkiye, we have recently extended our engagement in the country by establishing our own R&D Center for the parcel industry, which is serving our networks in Central Eastern Europe. Additionally, we have leveraged our presence in Türkiye for expanding our activities to other Turkic countries, such as Azerbaijan, and we will continue to draw on Türkiye's opportunities for future expansion plans. We congratulate the Republic of Türkiye for its 100th anniversary and we are excited to be a part of the next century in this amazing country which we wish to be bright and prosperous for the people of Türkiye."​

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Investment Office; Türkiye Century Investment Receptions; Vienna